Indemnifying Lender definition

Indemnifying Lender has the meaning set out in Clause 5.1(b) (Issue of Documentary Credits).
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Indemnifying Lender means each UK Indemnifying Lender, each French Indemnifying Lender and each Japanese Indemnifying Lender, and "INDEMNIFYING LENDERS" means, collectively, all such financial institutions.
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Indemnifying Lender shall have the meaning set forth in Section 36 hereof.
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Examples of Indemnifying Lender in a sentence

  • The indemnity provided by each Indemnifying Lender hereunder is in addition to any liability which such Lender may otherwise have to the Indemnified Parties, at law, in equity or otherwise, in connection with the Subject Securitization Transaction.

  • Without affecting the responsibility of any Obligor for information supplied by it or on its behalf in connection with any Finance Document, each Indemnifying Lender confirms to the L/C Bank that it has been, and will continue to be, solely responsible for making its own independent appraisal and investigation of the risks arising under or in connection with any Finance Document, including but not limited to, those listed in paragraphs (a) to (d) of Clause 30.16 (Credit Appraisal by the Lenders).

  • The Borrower shall, in respect of each Documentary Credit, pay to the Agent for the account of each Indemnifying Lender (for distribution in proportion to each Indemnifying Lender’s L/C Proportion of such Documentary Credit) a documentary credit fee (a) at any time prior to the occurrence of a Sharing Event, in the currency in which the relevant Documentary Credit is denominated and (b) at any time on or after the occurrence of a Sharing Event, in euros, at a rate 0.25 per cent.

  • Each Borrower shall, in respect of each Documentary Credit issued on its behalf pay to the Facility Agent for the account of each Indemnifying Lender (for distribution in proportion to each Indemnifying Lender’s L/C Proportion of such Documentary Credit) a documentary credit fee in the currency in which the relevant Documentary Credit is denominated at a rate equal to the applicable Revolving Facility Margin applied on the Outstanding L/C Amount in relation to such Documentary Credit.

  • Each Indemnifying Lender agrees that Administrative Agent may take legal action to enforce or protect an Indemnifying Lender's or Administrative Agent's interests in respect of this Agreement and the other Loan Documents.

  • Equity holders have no legal entitlement to dividends and have to forego returns in bad years, in the expectation of dividends in good years, and in the long run they expect to earn at least market rates of return on their investment.

  • If Administrative Agent recovers any amounts for which Administrative Agent has previously been reimbursed by an Indemnifying Lender hereunder, Administrative Agent shall promptly distribute to such Indemnifying Lender such Indemnifying Lender's proportionate share thereof based on such Indemnifying Lender's Indemnity Amount.

  • In no event shall the Indemnity Participation be construed as a loan or other extension of credit by an Indemnifying Lender to Administrative Agent.

  • All costs and expenses incurred by such Indemnified Lender related to any such sale and assignment shall be reimbursed by the Indemnifying Lender.

  • In no event shall this Agreement be construed to require an Indemnifying Lender to make any Loans or to otherwise extend any credit to Xxxx UK, Xxxx France or Xxxx Japan, as the case may be, or to Administrative Agent under this Agreement or under the other Loan Documents.


More Definitions of Indemnifying Lender

Indemnifying Lender shall be as defined in Section 4.6(g).
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Indemnifying Lender has the meaning given to it in paragraph (a) of Clause 8.3 (Indemnification by the Lenders).
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Indemnifying Lender means each UK Bridge Indemnifying Lender, each French Bridge Indemnifying Lender and each Japanese Bridge Indemnifying Lender, and "INDEMNIFYING LENDERS" means, collectively, all such financial institutions.
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Indemnifying Lender means each Japanese Loan Indemnifying Lender and each UK Loan Indemnifying Lender, and "INDEMNIFYING LENDERS" means, collectively, all such financial institutions.
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Indemnifying Lender means each financial institution that has an "Indemnity Amount" (in excess of $0) appearing opposite its name on Schedule I, and each financial institution which, with the approval of the Fronting Lender and the Administrative Agent, acquires an Indemnity Amount (in excess of $0) pursuant to an Assignment and Assumption Agreement.
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Indemnifying Lender means each financial institution that is designated as an Indemnifying Lender on the signature pages hereof, and each financial institution which is designated, with the approval of Japanese Funding Lender, as an Indemnifying Lender in an Assignment Agreement, and "Indemnifying Lenders" means, collectively, all such financial institutions designated as a Indemnifying Lender on the signature pages hereof.
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Related to Indemnifying Lender

  • Notifying Lender has the meaning given in Clause 23.1 or Clause 24.1 as the context requires;

  • Selling Lender has the meaning specified in Section 11.7 (

  • Swing Lender means Xxxxx Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender under Section 2.3(b) of the Agreement.

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • Continuing Lender as defined in Section 2.17(a).

  • Fronting Lender means, as to any Letter of Credit transaction hereunder, Agent as issuer of the Letter of Credit, or, in the event that Agent either shall be unable to issue or shall agree that another Lender may issue, a Letter of Credit, such other Lender as shall agree to issue the Letter of Credit in its own name, but in each instance on behalf of the Lenders hereunder.

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Third-Party Lender means an entity that originated a loan to a consumer for the purchase of a motor vehicle and sold the loan to AmeriCredit or an Originating Affiliate pursuant to an Auto Loan Purchase and Sale Agreement.

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Qualifying Lenders has the meaning specified in Section 2.05(d)(iv).

  • New Revolving Lender as defined in Section 2.24.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Qualifying Lender has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Purchasing Lender shall have the meaning set forth in Section 16.3(c) hereof.

  • Continuing Lenders as defined in the recitals hereto.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of Swingline Loans hereunder.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Assigning Lender means as specified in Section 13.8(b).

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.